Ledger’s last round was at a €1.3 billion valuation.The startup will use the funds to develop a new generation of hardware wallets, building on its latest offer Ledger Stax.New investors in the series C extension round included VaynerFund and True Global Ventures.Ledger, the leading cryptocurrency hardware wallet maker, has raised €100 million ($109 million) in its series C extension round.As reported by Bloomberg on Thursday, the French startup was valued at €1.3 billion ($1.4 billion), which was the valuation during the previous financing round closed in June 2021.Ledger is proud to announce our Series C extension fundraising round.We continue our mission of bringing ease-of-use and uncompromised security to your digital value.Read what our CEO @_pgauthier has to say:https://t.co/JSHyi5jKIQ pic.twitter.com/aGi2FhOXCs— Ledger (@Ledger) March 30, 2023“Today, Ledger announced our funding round. I’m grateful for our long-term investors’ continued support, and I welcome the new investors backing the current undeniable revolution of value and hardware. These funds will accelerate our mission to bring a new generation of secure consumer devices to hundreds of millions exploring critical digital assets and blockchain-enabled technology,” Ledger CEO & Chairman Pascal Gauthier said in a statement.New backers for the round include VaynerFund, True Global Ventures, Cité Gestion SPV, and Digital Finance Group. Returning investors included Cathay Innovation, Draper Dragon, Morgan Creek, and Cap Horn.Ledger eyeing next generation hardware walletThe funding round comes amid growing demand from crypto holders for devices that offer next generation level storage and security for the digital asset industry.According to Gauthier, the world is entering a new era of Internet of Value and billions of people will want access to devices that are built for the decentralised Internet of Value – in this case hardware wallets that go beyond the basic security features.The recent launch of Ledger’s new hardware wallet Ledger Stax is the beginning of that journey into the future of “next-generation” hardware wallets. Stax’s designer is iPod and iPhone co-inventor & designer Tony Fadell.Ledger was founded in 2014, and one of its most popular USB-type hardware wallets is the Ledger Nano S, Ledger Nano S Plus and Nano X. The company also offers Ledger Live on desktop and mobile.The post Hardware wallet maker Ledger raises $109 million in series C round appeared first on CoinJournal.

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Bitcoin is on track for its third consecutive month of positive gains as investors continue to see it as a hedge against the recent bank failures.Bitcoin has been breaking up with equitiesWhat’s more interesting is that it’s no longer trading in lockstep with the S&P 500. In fact, data from Coin Metrics suggests the correlation between Bitcoin and equities is now the weakest since September 2021.That makes sense, of course, considering its valuation is not coupled with earnings growth as in the case of equities. According to Alex Thorn of Galaxy Digital:The correlation data shows that, at least recently, Bitcoin has indeed performed more like a safe-haven asset than a risk asset.Bitcoin is currently up about 70% for the year.Bitcoin is making a bond again with goldOn the flip side, the banking crisis has helped Bitcoin reestablished the correlation it once shared with gold. That also signals its now regaining the status as a “risk-off” asset. Thorn added:Given the nature of current crisis – in which fractional reserve banking system’s core limitations are tested – Bitcoin’s fundamental characteristics genuinely distinguish and offer a safe port in a storm.Remember that the world’s largest cryptocurrency had a difficult 2022 partly because of the aggressive rate hikes. Now that we’re near the end of that cycle, though, it’s likely that Bitcoin will have a clearer path ahead for upside.Last week, Fed Chair Powell signalled only one more rate hikes this year.The post Is Bitcoin regaining its status as a safe-haven asset? appeared first on CoinJournal.

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Ethereum Classic price is down 2.5% in the past 24 hours.ETC has failed to ride broader market sentiment, currently poised near $20.A breakdown amid increased sellig could push ETC/USD down 22% to lows of $16.Ethereum Classic (ETC) has not had a good March as has some of the top cryptocurrencies, including the top two of Bitcoin (BTC) and Ethereum (ETH).As BTC flirted with resistance around $29,000 on Thursday, and ETH price consolidated near $1,800, Ethereum Classic price looked primed for fresh losses at $20. ETC is flat on the weekly time frame and negative this past 30 days.ETC price: bulls need to hold $20 or risk double digit declineThe Ethereum Classic price outlook on the daily chart has the ETC/USD pair rejecting at the key supply zone just above $20. The macro downtrend remains in place as bears push bulls from the resistance line of the long term symmetrical triangle pattern.MediaEthereum Classic price chart. Source: TradingViewThe daily RSI is almost flat at the middle line though, suggesting greater indecisiveness all around. The bulls can take advantage of the lack of major upside action over the past few weeks to push higher. But the daily MACD gives buyers no joy and a breakdown in sentiment could threaten a 22% nosedive to the base line support around $16.On the upside, a break above $24 would see bulls eye $30 and then possibly $39, with a major symmetrical triangle breakout likely to bring $75 into play over coming months.The post Ethereum Classic price: ETC looks primed for sharp 22% decline appeared first on CoinJournal.

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TRXUSD tries to overcome resistance seen at $0.07A double bottom pattern formed at $0.05An inverse head and shoulders pattern supports the bullish caseAnother bullish setup appeared on the cryptocurrency market, this time involving TRON.TRX/USD struggles to overcome resistance seen at $0.07, and various bullish patterns formed in the meantime.First, we should mention the bearish trend that lasted until the very last moment of 2022. Even in 2022, the market tried to make a new lower low, but somehow, bulls survived.Second, even if the future price action confirms the double bottom and the inverse head and shoulders pattern, it would mean nothing if they are not accompanied by further strength above the previous higher low.MediaTRXUSD chart by TradingViewTron has formed a double bottom pattern at $0.5During the last weeks of 2022, Tron has formed a double bottom pattern. As it turned out, the $0.05 area was too difficult to break.A double bottom is a reversal pattern – a bullish one. Hence, it forms at the end of bearish trends.Its measured move coincides with the measured move of another bullish pattern – an inverse head and shoulders.An inverse head and shoulders comes to support the bullish caseAn inverse head and shoulders pattern takes more time to form. In this case, it took about half a year and is still incomplete. Bulls may want to see the price action closing above the neckline and then heading toward the measured move seen in orange on the chart above.Whenever there are more than one patterns that point in the same direction, it is said that the market is in a confluence area. But the real bullish break, if any, would come only if TRX/USD is strong enough to break above $0.09, a pivotal area. On such a move, it means that the previous lower high is broken, and more strength should lie ahead.The post TRX/USD bullish setup as it tries to overcome resistance appeared first on CoinJournal.

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LINKUSD has consolidated for more than six monthsA bearish flag might formBulls and bears should wait for a breakout before actingChainlink provides data to smart contracts on the blockchain, and LINK/USD is in a long-term consolidation following an abrupt selloff. Both bulls and bears must have lost their patience, but such consolidations are interesting to trade because they usually appear ahead of another big market move.Unlike other cryptocurrencies, LINK did not make new lower lows in the second half of 2022. Instead, buyers appeared on every attempt to trade below $6.So that is a bullish accomplishment. On the flip side, every bounce was not strong enough to break the previous lower high. Therefore, bears appear to still be in control.2023 brought a much-needed rally to the cryptocurrency market. Bitcoin, in particular, surged, and its bullish price action translated into bullish movements on other coins too.Indeed, LINK/USD rallied from $6 to $8, only to meet new sellers there. In other words, the price action evolves inside a horizontal channel, and until a breakout, the chances are that it will go nowhere, only frustrating both bulls and bears.MediaLINKUSD chart by TradingViewDoes the horizontal channel suggest anything?Whenever a horizontal consolidation appears on a chart, the technical trader should look on the left side for trending conditions. In this case, a bearish trend is present, meaning that the horizontal consolidation might be part of a bearish flag pattern.That is one scenario.Another is that the market is simply carving a bottom. But for that to be true, bulls should wait for the price to break above $9.5, and ideally above $10, before going long.The measured move of a horizontal channel is the channel’s width. So, just look for a breakout in either direction and target the measured move.The post LINK/USD: when will this consolidation end? appeared first on CoinJournal.

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Germany, Frankfurt, 31st March, 2023, ChainwireBetFury has announced Fury Games Legacy, a 21-day adventure for intrepid players. From March 29, users of the online casino can play games and join exciting activities with magical crypto rewards.Participants in Fury Games Legacy have an opportunity to share in the $1 million prize pool and try to win a Lamborghini Huracan.In addition, beginners can enjoy a profitable Welcome Pack with free spins and deposit bonuses.Join the event with up to 1,000 free spins and $3,500 in Welcome Pack available.Fury Games Legacy will last for three weeks. During this time, players can not only succeed by winning the grandiose Wizarding Battle but also experience Secret Chambers with fantastic bonuses and other crypto rewards every day.Throughout the event, there will be a magical competition known as the Wizarding Battle for $1M. The player who takes first place in the Wizarding Battle wins a fast and luxurious Lamborghini Huracan. To become a winner, players need to earn points. The rules are simple: play various games on BetFury and move up the leaderboard. More points equate to more chances to win.BetFury is also offering Secret Chambers, a calendar with special bonuses and activities that open every day. They can contain crypto bonuses, free spins, and many other surprises. The first Chamber has already opened – it’s a Twitter giveaway. Players should participate and follow the calendar to catch the next wave of bonuses.About BetFuryBetFury is a crypto casino with unique opportunities and over 8,000 games supporting over 50 cryptocurrencies. The platform has its native utility BFG token, which can be used both for playing and trading on top crypto exchanges. Besides, BetFury provides special mining and staking features to earn more BFG or get paid in popular currencies like BTC or ETH.Follow BetFury’s social media and collect bonuses during the eventTwitter | Telegram | VIP Club | Discord | YouTube | TikTok | BitcoinTalkContactsPR Manager, Helen, BetFury, helen@betfury.io, PR Manager, Mary, BetFury, pr@betfury.ioThe post BetFury Launches iGaming Event With $1M Prize Pool appeared first on CoinJournal.

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<a href="https://coinjournal.net/bitcoin/">Bitcoin</a> price had a strong performance this week as investors ignored one of the biggest <a href="https://coinjournal.net/news/">cryptocurrencies news</a><strong> </strong>of the year. During the week, the Commodity Futures Trading Commission (CFTC) announced a lawsuit against <a href="https://coinjournal.net/exchanges/binance/">Binance</a><strong>, </strong>the biggest crypto exchange in the world. The rally coincided with the strong comeback of American indices like the Dow Jones and Nasdaq. This article will look at the price predictions of Hedera Hashgraph (HBAR), Celo, and Injective Protocol.Hedera Hashgraph price predictionThe 4H chart shows that the HBAR price had a good week as investors reacted to its growing ecosystem. Hedera Hashgraph managed to move above the key resistance at $0.068, the highest level on March 14. The token has moved above the 50-period exponential moving average (EMA) while the Relative Strength Index (RSI) has moved close to the overbought level.HBAR has moved above the Ichimoku cloud. Therefore, there is a possibility that the coin will continue rising, with the next key resistance level to watch being at $0.078, the lowest point on February 13. This price is about 13.45% above the current level.<a href="https://media.igms.io/2023/02/31/1680259574166-a432bcde-7d3d-46c2-8ca8-9fb1105849ea.png">Media</a><a href="https://www.tradingview.com/symbols/HBARUSD/?exchange=BINANCE">HBAR chart by TradingView</a>How to buy Hedera HashgrapheToroeToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.<a href="/visit/etoro-crypto?guid=MTM2NDIw&component=simple-table&language=en&country=US&state=VA&position=1&totalPositions=2">Buy HBAR with eToro today</a> Disclaimer Binance.USBinance.US provides secure and reliable access to the world’s most popular cryptocurrencies, with some of the lowest fees in the industry.<a href="/visit/binance-us-crypto?guid=MTM2NDIw&component=simple-table&language=en&country=US&state=VA&position=2&totalPositions=2">Buy HBAR with Binance.US today</a>Celo price prediction<a href="https://coinjournal.net/celo/">Celo</a> is an EVM-compatible blockchain platform that makes it possible for developers to build quality applications in industries like DeFi and Non-Fungible Tokens (NFT). Celo jumped as the number of Celo Domain Names minted jumped to over 200k. The developers also announced that Celo’s Europe DAO was coming soon.Celo has been in a strong bullish trend in the past few days. It moved above the key resistance level at $0.6861, the highest level on March 20th. The coin has moved above the 50-period moving average. Further, the Stochastic Oscillator has also moved slightly below the overbought point. Therefore, Celo will likely continue rising as buyers target the key resistance at $0.85, ~20% above the current level.<a href="https://media.igms.io/2023/02/31/1680259574170-0c63aa0b-e2f8-4416-96ae-6c7bcd35c226.png">Media</a><a href="https://www.tradingview.com/symbols/CELOUSD/?exchange=BINANCE">CELO chart by TradingView</a>How to buy CeloeToroeToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.<a href="/visit/etoro-crypto?guid=MTM2NDIw&component=simple-table&language=en&country=US&state=VA&position=1&totalPositions=2">Buy CELO with eToro today</a> Disclaimer Binance.USBinance.US provides secure and reliable access to the world’s most popular cryptocurrencies, with some of the lowest fees in the industry.<a href="/visit/binance-us-crypto?guid=MTM2NDIw&component=simple-table&language=en&country=US&state=VA&position=2&totalPositions=2">Buy CELO with Binance.US today</a>Injective Protocol price predictionINJ price has been in a strong bullish trend in the past few years. Injective Protocol has jumped by about…

Key TakeawaysBitcoin volatility is the highest point since July 2022Liquidity is extremely thin which is pushing volatility higher and accentuating price moves$4.2 billion of options expire Friday, with bull set to profit following the recent surge up to $28,000Yesterday, I wrote a piece looking at how the correlation between Bitcoin and the stock market, notably tech stocks, has come back up. The relationship had loosened amid the banking turmoil that struck financial markets, triggered by the collapse of Silicon Valley Bank.As well as rising correlation, the market is also swinging wildly – the volatility is as high as it has been since July 2022, around the time Celsius sent evaporated into thin air and sent the market into mayhem.Why is volatility rising?The volatility spike is not surprising in light of the glut of liquidity currently in the markets. We crafted up a piece on this earlier this week, assessing how 45% of stablecoins had flowed out of exchanges in the last four months, with the balance now at the lowest point since October 2021. It gives context to the recent Bitcoin price rise. With less liquidity in the markets, moves are naturally more violent, and Bitcoin has surged up to $28,000, now up 68% on the year. While the move to the upside has been exacerbated by this thin liquidity, the opposite also holds true: the downside risk is elevated when markets are so thin. It paints a picture of high risk for an asset that already oscillates wildly at the best of times. Derivatives add to volatilityAnother factor? Derivatives open interest is absolutely soaring, with the below chart from Coinglass showing that options open interest is at its highest point since November 2021. MediaAs I write this on March 31st, a mammoth $4.2 billion of Bitcoin options are set to expire. The below chart also shows the strike prices of the options – with a call/put ratio of 2.09 and Bitcoin currently trading close to $28,000, it will be a profitable day for many traders. MediaDigging into the numbers, there are 97,300 call options expiring at a strike price of $28,000 or less, compared to 24,500 put options. The dollar split is over $2 billion in favour of calls. Looking at strike prices of the next level up, it is pretty much all call options. Between $28,000 and $32,000 there are 48,000 call options against 400 put options with a $1.4 billion split in favour of calls. After a year of bears dominating, there will finally be some bulls primed to profit. Indeed, looking at the Bitcoin spot holdings, it is showing more positive news all across the market. In December, the majority of Bitcoins were in loss-making positions, when comparing the market price to the price at which they last moved. Today, however, 74% of the supply is in profit when using the same metric.  With interest rate policy expectations softening, Bitcoin has finally been allowed room to run. However, with thin liquidity and high volatility comes risk, although when it comes to Bitcoin, risk is hardly a foreign concept.The post Bitcoin volatility rising as $4.2 billion options set to expire Friday appeared first on CoinJournal.

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Key takeawaysBinance has launched the Alpine Race Day Collectibles for its new and existing users. The competition will commence on April 2 and will cover all the Formula events for the remainder of the 2023 calendar. For each F1 GP, Binance will release 6,000 digital Alpine Race Day Collectibles, and six of those 6,000 will be Super Super Rare (SSR) NFTs. Binance users to claim Alpine Race Collectibles for Formula 1 experiencesBinance, the world’s largest cryptocurrency exchange by market cap, has announced the launch of its Alpine Race Day Collectibles.In a press release shared with Coinjournal, Binance revealed that the Alpine Race Collectibles are the latest addition to the Alpine Fan Token ecosystem. The digital collectibles are crafted by the artisans at Alpine, then transformed into unique, limited-edition collectibles by the Alpine Fan Token team, Binance explained.The cryptocurrency exchange added that its users would have the opportunity to claim Alpine Race Collectibles for Formula 1 experiences starting from April 2nd through the 2023 F1 calendar.Binance would be starting with the Australian GP, adding that the Alpine Race Day Collectibles also come with unique rewards for fans. The cryptocurrency exchange said the the reward attached to the Alpine Race Day Collectible for the Australian Grand Prix is the chance to visit the Alpine factory in the UK.Binance to release 6,000 Alpine Race Day Collectibles for each F1 GPThe company explained that it would release 6,000 Alpine Race Day Collectibles to the public for each F1 GP. of the 6,000 collectibles to be released, six would be special Super Super Rare (SSR) NFTs and tied to the weekend’s rewards.Winners can take part in that week’s rewards but would have the opportunity to sell their SSR NFT along with its associated rewards on the Binance NFT marketplace if they choose to. Binance launched its Alpine Fan Token in February 2022 thanks to its partnership with the BWT Alpine F1 Team, a renowned F1 constructor previously known as the Renault F1 Team.New and existing users can claim the Alpine Race Collectible on Binance, the cryptocurrency exchange added. While new users can claim the collectibles by completing their ID verification, existing users must have 20 Alpine Fan Tokens in their wallet to claim the Mystery Box and access the Alpine Race Collectible it contains.This latest development comes less than a week after Binance announced that it had launched a new regional hub in Georgia. Binance revealed that it wants to ramp up talent acquisition, promote blockchain education, and accelerate crypto adoption in the region.The post Binance announces the launch of Alpine Race Day Collectibles appeared first on CoinJournal.

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Gala Games says the partnership will help advance development across the Web3 gaming industry.Huobi will list Gala Games ecosystem coins and invest in top quality gaming projects.Huobi Token price was largely flat on Friday, trading around $3.66.Web3 gaming company Gala Games has entered a strategic partnership with cryptocurrency exchange Huobi Global to boost development and investment in top notch gaming projects.Huobi to list Gala Games tokensThe partnership will see Huobi Global integrate Gala Game’s highly scalable layer 1 blockchain and list Gala Games ecosystem tokens. The collaboration also allows the two platforms to co-invest in leading game projects and support other growth initiatives.👏 Great News!#Huobi is happy to announce a strategic partnership with #Gala Games @GoGalaGames in ecosystem development.Together, we will cooperate in the investment and listing of high-quality projects, including Layer1 integration, cobranding & community development. pic.twitter.com/LTqy8pXkF3— Huobi (@HuobiGlobal) March 31, 2023Jason Brink, President of Blockchain at Gala Games stated that the partnership is a key step towards mass adoption of Gala’s layer 1 blockchain.“Integration of our layer 1 blockchain into popular exchanges like Huobi is absolutely crucial with the level of mass adoption we’re looking for. This partnership empowers tomorrow’s developers to create a more stable and secure web3 future,” he noted in a press release published on Friday.Huobi was founded in 2013 and is one of the largest digital assets platforms in terms of daily trading volume. According to data from CoinMarketCap, Huobi is the 17th largest exchange in spot volume and the 10th largest in derivatives volume as of 31 March 2023. The exchange’s native token Huobi Token traded around $3.66 at the time of writing. The all-time high for HT was $39.66 reached on 12 May, 2021.The post Web3 game developer Gala Games inks strategic partnership with Huobi appeared first on CoinJournal.

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The cryptocurrency market cap was around $1.24 trillion as Bitcoin price reclaimed the $28,500 level, with crypto poised to end the first quarter of 2023 higher. BTC price was up 24% in the past 30 days, and 83% up year-to-date.Crypto analyst Rekt Capital says Bitcoin is poised for a historic quarterly close, which could inform upward impetus over the next several months.#BTC is on the cusp of confirming its first Quarterly Bullish Engulfing Candle since early 2020Historically, Quarterly Bullish Engulfing Candles have preceded multiple quarters of upside$BTC #Crypto #Bitcoin pic.twitter.com/Hyeew5HCy0— Rekt Capital (@rektcapital) March 31, 2023Meanwhile, bullish momentum over the past three months has also seen Ethereum price jump nearly 64% YTD. ETH with a daily close at current prices will see it end March 15% higher. The outlook for most top altcoins is the same, with XRP, Binance Coin (BNB), Polygon (MATIC) and Cardano (ADA) set to end Q1, 2023 higher.Bitcoin and tech stocks higher YTDWhile the US stock market opened higher on Friday, with equities buoyed by the latest economic data, the overall gains across tech stocks pale when compared to Bitcoin. For instance, the S&P 500 was 6.75% up YTD at 11:30 am ET, the Dow Jones Industrial Average was 0.4% down over the period and the tech-heavy Nasdaq Composite was 16.7% up.However, Bitcoin and some tech stocks have outperformed most other assets this quarter. As noted above, BTC/USD is 83% up YTD and will likely close the quarter with more than 80% in gains. Tesla (TSLA) was 86% up at the time of writing, while Meta Platforms (META) was +63% YTD.The Apple (AAPL) stock was +30% YTD on Friday, while Amazon (AMZN) had gained more than 20% this quarter.The post Crypto prices: Bitcoin to end first quarter on a bullish note appeared first on CoinJournal.

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Germany, Frankfurt, 31st March, 2023, ChainwireBetFury has announced Fury Games Legacy, a 21-day adventure for intrepid players. From March 29, users of the online casino can play games and join exciting activities with magical crypto rewards.Participants in Fury Games Legacy have an opportunity to share in the $1 million prize pool and try to win a Lamborghini Huracan.In addition, beginners can enjoy a profitable Welcome Pack with free spins and deposit bonuses.Join the event with up to 1,000 free spins and $3,500 in Welcome Pack available.Fury Games Legacy will last for three weeks. During this time, players can not only succeed by winning the grandiose Wizarding Battle but also experience Secret Chambers with fantastic bonuses and other crypto rewards every day.Throughout the event, there will be a magical competition known as the Wizarding Battle for $1M. The player who takes first place in the Wizarding Battle wins a fast and luxurious Lamborghini Huracan. To become a winner, players need to earn points. The rules are simple: play various games on BetFury and move up the leaderboard. More points equate to more chances to win.BetFury is also offering Secret Chambers, a calendar with special bonuses and activities that open every day. They can contain crypto bonuses, free spins, and many other surprises. The first Chamber has already opened – it’s a Twitter giveaway. Players should participate and follow the calendar to catch the next wave of bonuses.About BetFuryBetFury is a crypto casino with unique opportunities and over 8,000 games supporting over 50 cryptocurrencies. The platform has its native utility BFG token, which can be used both for playing and trading on top crypto exchanges. Besides, BetFury provides special mining and staking features to earn more BFG or get paid in popular currencies like BTC or ETH.Follow BetFury’s social media and collect bonuses during the eventTwitter | Telegram | VIP Club | Discord | YouTube | TikTok | BitcoinTalkContactsPR Manager, Helen, BetFury, helen@betfury.io, PR Manager, Mary, BetFury, pr@betfury.ioThe post BetFury Launches iGaming Event With $1M Prize Pool appeared first on CoinJournal.

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Solana price is up 110% in the past three months.SOL closed in the red in February and is likely to end March 4% lower, but January ended with SOL 140% up.Crypto intelligence firm Messari has highlighted Solana’s growth potential as network navigates away from recent outages and other challenges.Solana price is negative on the monthly time frame in March, with SOL/USD at $20.88 currently seeing the token down 3% in the past 30 days. Notably, Solana price remains 80% down this past year and about 91% off its all-time highs of $260 reached in November 2021.However, the cryptocurrency is set for its best quarterly returns in nearly two years. This is despite all the downside pressure amid network challenges since late last year, with SOL’s returns over the past three months well over 100%.Messari highlights Solana growth potentialCrypto market intelligence firm Messari recently highlighted Solana’s growth even as FUD spread, noting that trying to compare the blockchain to some L2s in terms of TVL was missing the point.“Comparing Solana’s TVL to other emerging chains doesn’t tell the full story. Usage has been driven by non-TVL dominant use cases like derivatives, NFTs, & DePIN networks. If Solana decides to turn on incentives, we could quickly see volume approach parity with the top L2s,” Messari researchers wrote.3/ Comparing @solana's TVL to other emerging chains doesn’t tell the full story.Usage has been driven by non-TVL dominant use cases like derivatives, NFTs, & DePIN networks.If Solana decides to turn on incentives, we could quickly see volume approach parity with the top L2s. pic.twitter.com/uwkxuEdZk8— Messari (@MessariCrypto) March 22, 2023According to Messari, Solana developers are focused on simplifying the deployment of innovative DeFi strategies, automation of on-chain instructions, and deployment of Web3-native websites among others. The pivot towards these efforts could prove key to the Solana ecosystem, with greater adoption very much likely.What next for Solana price?TradingView data shows the 3-month candle for SOL/USD is currently poised at +110%. It’s the best quarterly return since Q2, 2021, when the price of Solana rose almost 300% as bullish momentum catapulted cryptocurrencies higher.Looking at the monthly chart, Solana returns are highest in January with a monthly close at $23.93 giving it 30-day gains of 140%. The last time SOL/USD posted more gains on the monthly timeframe was in August 2021 when prices jumped 195%.MediaSolana price on the 3-month chart. Source: TradingViewFebruary and March were not so profitable for bulls, with prices down 9% in the second month of 2023. A look at the weekly chart for SOL suggests a slight advantage for sellers with the weekly RSI below the 50 line and prices facing an uphill task towards $40.On the downside, a breakdown below $20 could risk new dump to the 16.The post Solana price prediction: What next for SOL after 110% upside in Q1 2023? appeared first on CoinJournal.

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The US government sold 9,861 bitcoin on 14 March, netting over $215 million.41,490 BTC remain from over 51,000 seized in November and will be sold in four batches this year.Court documents show that bitcoin is connected to the darknet market Silk Road.The US government, which says it recently sold 9,861 bitcoin (BTC), is reportedly looking to liquidate another 41,500 BTC before the end of the year.According to documents filed in court, the sale is for Bitcoin seized from entities connected to the infamous darknet marketplace Silk Road. The sale will occur in four batches this year.US government sold over $215 million worth of BTCCourt documents show that the US government netted over $215 million when it sold 9,861.17 BTC out of the 51,351 bitcoin seized last November. The liquidation occurred on 14 March, the court filing indicates, with this particular tranche of BTC forfeited by James Zhong following his arrest and arraignment over wire fraud related to Silk Road.A total of 41,490 BTC remain from what was seized from Zhong, which the US government now plans to sell in four tranches. Justin Sun, the founder of Tron (TRX), says the US government should sell the BTC to him at a 10% discount through an OTC deal.US government has announced its intention to sell an additional 41,500 #BTC this year. To minimize the potential impact on the market, I would like to offer to purchase these BTC at a 10% discount for an OTC deal.— H.E. Justin Sun 孙宇晨 (@justinsuntron) March 31, 2023The post US government plans to sell 41,490 BTC connected to Silk Road appeared first on CoinJournal.

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Ethereum will go through its biggest update since the Merge.The Shanghai update will take place on April 12.It will likely attract the attention of the Securities and Exchange Commission (SEC)Ethereum price moved sideways on Monday as investors focused on the upcoming Shanghai upgrade. ETH was trading at $1,800, where it has been in the past few days. This price was about 2.95% below the highest point this year. It has jumped by over 32% from the lowest level in March.Shanghai update newsThe main catalyst for Ethereum is the upcoming Shanghai update that is scheduled for later this month. For starters, this is a major milestone for the network since it will be the biggest update since Ethereum merged with the Beacon Chain in 2022.The Merge helped to transition Ethereum from a proof-of-work (PoW) network into a proof-of-stake (PoS) platform. As a result, instead of mining, it now depends on validators to confirm transactions in the network.This transition introduced the concept of staking, which allows people to lock their tokens to the network and earn returns. Unlike other staking projects, Ethereum holders cannot access their staked coins. This update will make it possible for these users to withdraw their coins. Data compiled by StakingRewards shows tht the market cap of staked Ethereum stands at over $32 billion. This gives it a staking ratio of 15.6%. Therefore, this upgrade will likely boost the number of ETH coins in circulation.Ethereum will likely be the target of the Securities and Exchange Commission (SEC), which wants to regulate staking blockchains and companies. Last month, the agency warned Coinbase against offering these products in the US. It also settled with Kraken about staking. I suspect that the agency will increase its focus on staking if it prevails in its lawsuit against Ripple. Analysts believe that the judge overseeing the case will deliver the judgment in the second quarter of the year.Ethereum price predictionMediaThe 4H chart shows that ETH price has been in a tight range in the past few days. It has remained below the important resistance point at $1,845, where it has struggled to move in the past few weeks. It remains slightly above the 25-period and 50-period moving averages.A closer look shows that Ethereum has formed what looks like a double-top pattern whose neckline is at $1,688. Therefore, there is a likelihood that the coin will have a bearish breakout in April after having a spectacular performance in March. If this happens, the next key support level to watch will be at $1,688.How to buy EthereumeToroeToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.Buy ETH with eToro today Disclaimer PublicPublic is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.Buy ETH with Public today Disclaimer The post Ethereum price prediction as the Shanghai update draws near appeared first on CoinJournal.

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Key TakeawaysThe balance of Bitcoins on exchanges is in constant decline, now at the lowest point since December 2017 Meanwhile, long-term investors continue to hold, soaking up the supplyCoins that have not been touched in 10 years now outnumber those held on exchanges I wrote a piece last week on the exodus of stablecoins from exchanges, with the balance currently the lowest since October 2021, with 45% of the total balance of stablecoins on exchanges flowing out in the last four months. But the glut in liquidity is not limited to stablecoins. The world’s biggest cryptocurrency is also seeing funds flow out. Only 11.8% of the total Bitcoin supply is currently on exchanges – that is the lowest since December 2017. To jot your memory, December 2017 was the previous bull market peak. Bitcoin rose to within a hair of $20,000 before freefalling into a two-year-long bear market which ravaged the entire industry.Since January 2020, exchanges’ reserves of Bitcoin have been only going one way: down. It hints at the demand/supply imbalance that so many Bitcoin truthers advocate for, with the much-vaunted hard supply cap of 21 million coins for Bitcoin. If demand keeps rising, they argue, the price can only go up because supply cannot keep up. Central to this thesis is the resilience of long-term holders to keep a firm grasp on their bitcoins. And when assessing whether they have, the answer is a resounding yes. The below chart presents long-term holders against the total exchange balance. In November 2022, the number of bitcoins last active 10+ years ago overtook the number of bitcoins on exchanges. Of course, some of these long-term holders will be lost coins, either via their owner dying or losing their private keys. But the stat is still interesting and speaks to the cohort of (very) early investors in Bitcoin who remain clinging to their coins with all their might. Remember, this includes the anonymous Satoshi Nakamoto, who is estimated to hold over 1 million coins, or 5% of the total supply. Below is the chart displaying the current portion of the Bitcoin supply split out by time held and compared to the exchange balance. The result is interesting, but even more so when considering that the last three years brought both the euphoric highs of Bitcoin at nearly $70,000 during the pandemic and then the bone-crushing fall through 2022, which saw it careen down towards $15,000. In terms of the long-term trajectory of Bitcoin, it’s undoubtedly bullish. Of course, it all depends on whether the demand for additional Bitcoin will hold up. The supply may be getting squeezed, but that is all for nothing if the demand side doesn’t hold up its end of the bargain. And on that note, the last year has been a big blow. Not only has capital flowed out of the space at an alarming rate, but a number of very high-profile scandals (LUNA, Celsius, FTX and so on) have rocked the space. The fear is that these episodes have dented the reputation of the cryptocurrency space and will inhibit the demand for Bitcoin on the intuitional side. Have people been put off moving into the space?It’s hard to say. But in looking at long-term holders, their confidence seems resolute. The post Least amount of Bitcoin on exchanges since the previous bull market top in December 2017 appeared first on CoinJournal.

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Key takeawaysAstar Network’s Smart Contracts 2.0 is to launch on the mainnet on Thursday.Smart Contracts 2.0 would allow Astar Network to support both the EVM and the WASM VM smart contracts on the mainnet.The launch comes a few weeks after Sony Network Communications partnered with Astar Network. Astar Network to launch its smart contracts 2.0 on mainnetAstar Network, a smart contracts platform for multichain, announced on Monday, April 3rd, that it would launch its  Smart Contracts 2.0 on April 6th.In a press release shared with Coinjournal, Astar Network explained that Smart Contracts 2.0 is the WebAssembly (WASM) smart contract that extends the Web3 functionality of EVM. Following this technical upgrade, star Network will support both Ethereum Virtual Machine (EVM) and WASM VM smart contracts on the mainnet.The team also revealed that it is hosting a virtual celebration with the entire Web3 community called WASM Launch Day. Astar Network is calling on all interested developers, Web3 enthusiasts, and those new to crypto to RSVP for the live panel discussion on WASM Launch Day.With Astar Network’s smart contract 2.0, developers can create a WASM or EVM project and can create new multichain applications. This implies that developers can connect their project to any Polkadot or EVM ecosystem. While commenting on this latest cryptocurrency news, Sota Watanabe, Founder of Astar Network, called this the next level of smart contracts. Astar Network to help developers create multichain networksThe team added that they would hold a virtual meet-up with Parity, Phala, DIA, SubWallet, Brushfam & Subsquid– the infrastructure partners that will build the foundation of Astar’s WASM environment. Developers would be taught how to create promising multichain networks on Astar. The team said Astar Network would become the first  Polkadot parachain to support a stable WASM environment by enabling smart contracts. Software developers will be able to build with Polkadot, too, thanks to the XCM functionality.At the moment, Astar Network supports both the Ethereum Virtual Machine (EVM) and WebAssembly (WASM) smart contract environments.This latest development comes after Astar Network and Sony Network Communications launched a joint web3 incubation program in February. Astar Network currently supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability with cross-consensus messaging (XCM) and a cross-virtual machine (XVM). The post Astar Network’s Smart Contracts 2.0 to launch on Mainnet on April 6th appeared first on CoinJournal.

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Crypto gambling has become increasingly popular among crypto enthusiasts over the past years. And BC.GAME ensures that its users can experience crypto gambling at its finest.Launched in 2017, BC.GAME is a crypto casino that gathers tens of millions of users monthly. It is no surprise that the platform is among the most popular crypto casinos all over the world. Furthermore, in 2022, BC.GAME won the “Crypto Casino of the Year” award offered by Sigma Awards. BC.GAME is always focusing on innovation and offering a positive user experience. For the <a href="https://bc.game/">Bitcoin casino</a>, its users come first, and keeping them incentivized is how BC.GAME manages to maintain and even grow its audience. Crypto Gambling at Its FinestEver since launching, BC.GAME has constantly focused on delivering a high-quality and extensive product to crypto enthusiasts. Being a global Bitcoin casino, BC.GAME gathers worldwide users around a platform that offers thousands of games and sports and always aims to keep users incentivized through several benefits.Currently, BC.GAME is ranked #2 in its category, exceeding 15 million active users monthly. During February 2023, the platform gathered 22.2 million users thanks to its features and events. BC.GAME always aims high, and this is easily visible when it comes to the games it offers. Currently, the platform offers over 10,000 gambling games, including live games, such as live poker tables. The crypto casino always ensures that users have plenty of games to choose from, including the most popular ones, such as roulette, dice, slots, blackjack, and many more, all available in original and adapted versions. Furthermore, BC.GAME allows users to experience sports betting, with over 80 sports supported, including the most popular ones (soccer, Esports, tennis), as well as local sports (lacrosse and cricket).Furthermore, BC.GAME always makes sure that its users can pay in several cryptocurrencies. At the moment, the crypto casino supports over 150 cryptocurrencies, with plenty of new tokens being added constantly. For instance, in March 2023, BC.GAME has added 5 new cryptocurrencies to its portfolio: Internet Computer (ICP), Theta Network (THETA), Theta Fuel (TFUEL), Arbitrum (ARB), and Optimism (OP).The Power of IncentivesBC.GAME has most certainly understood the power of incentives for worldwide crypto gamblers. Thus, the crypto casino constantly organizes numerous events where players can win significant awards. Moreover, BC.GAME offers several types of bonuses for users who complete specific requirements. For example, 2 of the most remarkable events are the Grand Tour Tournament and the Drops & Wins event. <strong>Grand Tour Tournament</strong>Available between March 1, 2023, and April 26, 2023, the Grand Tour Tournament has a total prize pool of $100,000. The event is divided into 8 phases, currently being in the 4th phase, called Blooming Luck. The event will have 600 winners, and the grand prizes range between $1,600 and $2,500. There are 177 games included in the Grand Tour Tournament, and players who aim to participate should play at least one of them and get high scores so that they rank high on the leaderboard. The minimum bet for the event is $0.2 or the closest higher bet available in some specific games. <strong>Drops & Wins Tournament</strong>The Drops & Wins Tournament is available between February 8, 2023, at 19:01, and May 3, 2023, at 18:59. The event has 2 main categories: Drops & Wins (Slots) and Drops & Wins (Live Casino). The list of available games is updated periodically, and the leaderboard is updated in real-time. The Drops & Wins Tournament has a monthly prize pool of $1,000,000, with weekly prize pools of $62,000 and $63,000, respectively. The prizes are distributed according to the leaderboard, and if 2 players have the same score, the one who got the score first will rank higher. During the Drops & Wins Tournament, there will be thousands of players rewarded. For instance, for the second event category, Drops & Wins…

<a href="https://refpa9063395.top/L?tag=d_1677309m_1732c_s6_pr&site=1677309&ad=1732">1xBit</a>, in their element, are out yet again with another mouthwatering tournament that will be available to all users. This time around, it is bigger and better. Bet on the top 6 European leagues and get a share of the 6 BTC prize pool! This is an opportunity to win big prizes out of your support for your favorite teams. Exciting, right?How to ParticipateTo get started on this offer, follow the steps below:● Navigate to the 1xBit official website● Log in to the website● Once you are logged in and your account is funded, navigate to the offer page and click on “Take part”● Bet  on  the  EPL,  Bundesliga,  Serie  A,  La  Liga,  Ligue  1,  Primeira  Liga  matches  and  collect promo tickets● The more promo tickets you amass, the more your chances of winning the tournament prizes.This tournament is split into multiple prize draws in which there is an overall 6 BTC prize pool to share from. This tournament is expected to kick off on the 29th of March, 2023 and to run through till 25th May, 2023. There is enough time to make preparations for this offer as there are loads of prizes waiting to be won.1xBit BenefitsNow that we have covered all bases as regards what the tournament entails, let’s take a look at some of the benefits of using 1xBit.Extensive list of SportsIf you are a big fan of sports betting, then you will most likely be delighted by the extensive range of sports available for betting on this platform. As at the time of writing this review, 1xBit offers betting markets on over 30 sports. What is particularly impressive about their market offerings is that there is almost an equal distribution of betting markets across all sports, though there is a broader range of options for football. As such, regardless of what sports you may be interested in, you are very likely to find what suits your choice on this site.Live BettingThe live betting feature is one key benefit that makes betting on 1xBit super exciting. This feature allows you as a bettor to place bets on live games and still win prizes. The particularly impressive thing   about   1xBit’s   live   betting   as   compared   to   others   is   the   broad   range   of   live   games   that   are constantly available, and the highly functional statistics tab on each live game, that makes it possible for bettors to make more informed decisions before placing bets.Promotions with Generous Prize PoolsAnother   super   commendable   benefit   about   using   1xBit   is   the   broad   selection   of   promotions   with generous prize pools that is always on offer. Just like the promotion discussed in this article, there is more to take advantage of. As a matter of fact, 1xBit makes it a tradition to release at least two new promotions with mouthwatering prize pools every month. This way, you never run dry of offers to explore.Over 40 CryptocurrenciesAs at the time of writing this review, there are over 40 cryptocurrencies that are currently acceptable on 1xBit. Since the platform is a crypto-based betting platform, it is only rational that it provides a range of cryptocurrencies that can be maximized for processing transactions.Welcome Offer of up to 7 BTCA   large   number   of   1xBit   users   today   joined   the   platform   because   of   the mouthwatering   welcome bonus   that’s   on   offer.   Till   date,   there   is   no   platform   that   comes   close   to   offering   up   to   7   BTC   in welcome   bonus   on   1-4th   deposits.  Boost your first deposit bonus up to 125% with promo code<em>COINJOUR</em> This is one of the benefits that sets the platform apart from others currently available today.Easy RegistrationOpening a betting account with 1xBit is super easy. What is mainly required from you are your email address   and   password.   After   filling   these   details   and   clicking on   the   register   tab,   you   have successfully opened a new account. This whole process promises to take less than 1 minut…

Bittrex is quitting the United States due to regulatory uncertainty.The crypto exchange will now commit to growing Bittrex Global.CEO Lai says customer funds are safe and available to withdraw.Bittrex was in focus on Monday after the crypto exchange said it’s about to wind down its operations in the United States.Why is Bittrex quitting the U.S.?The Seattle-headquartered firm attributed the move to continued regulatory uncertainty in the U.S. Customers were relieved, though, after CEO Richie Lai confirmed that their funds were safe.All customer funds are safe and available to withdraw; however, it’s just not economically viable for us to continue in the current U.S. regulatory and economic environment.The platform will be available for trading until April 14th but customers will be able to withdraw funds through the end of this month, he added.In February, Bittrex had cut 83 jobs citing market downturn.What’s next for Bittrex exchange?The crypto exchange will now commit to growing Bittrex Global – its platform for customers outside of the United States that will remain operational.In October, a U.S. regulator announced a $53 million fine on Bittrex for failing to meet anti-money laundering requirements and not blocking users from sanctioned countries, including Iran and Cuba. According to CEO Lai:Regulatory requirements are often unclear and enforced without appropriate discussion or input, resulting in an uneven competitive landscape.Bittrex was founded in 2014. It’s leaving the U.S. only shortly after peer Nexo Inc announced a similar decision after facing regulatory scrutiny.The post Another crypto exchange has decided to exit the U.S. appeared first on CoinJournal.

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Labuan, Malaysia, April 4th, 2023, ChainwireOn 4th April 2023, Cerus Markets announced the launch of its new platform for easy, safe, and innovative crypto derivatives trading. Founded by industry veterans, Cerus Markets plans to revolutionize the way people trade cryptocurrencies.The Next Evolution in CryptoCerus Markets is proud to introduce Non-Deliverable Crypto contracts (NDC’s) as the most advantageous and innovative way to trade cryptocurrencies. For the first time ever, traders can now invest in cryptocurrencies versus the world’s largest companies such as TSLA, AAPL, GOOG, equity indexes like the DOW and DAX, and even versus commodities including Gold, Silver, and Crude Oil- all with zero fees. NDCs also provide investors with up to 100:1 leverage and the ability to go long and short any cryptocurrency.About Cerus MarketsEstablished in 2022, Cerus Markets Limited is authorized and regulated by the Labuan Financial Service Authority, Malaysia. Cerus is a multi-asset broker that offers over 200 instruments paired with cryptocurrencies through its innovative product – Non-Deliverable Crypto contracts (NDC’s).Cerus Markets believes in empowering traders of all levels with easy and affordable access to the market. Their platform stands out from traditional brokers by not charging entry fees and allowing trading of a wide range of digital assets starting from just $50.Moreover, traders can benefit from leverage up to 100:1 and a 100% bonus on their first deposit, further enhancing their trading experience.Visit cerusmarkets.com to learn more about Cerus Markets and its offerings.ContactMarketing Director, Veronica Imasheva, Cerus Markets, marketing@cerusmarkets.comThe post Cerus Markets Launches Revolutionary Platform for Crypto Derivatives Trading appeared first on CoinJournal.

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